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Meme coin Fartcoin soars 75% in a week as funds flow in on hopes of tariff relief

2025/04/14 09:16 (Updated 2025/04/15 10:01)
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Written by Lewis Kikutani
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Meme coin Fartcoin soars 75% in a week as funds flow in on hopes of tariff relief
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  1. FirstCoin Reversal High

FirstCoin Reversal High

On the 10th, US President Trump announced a 90-day suspension of the global "reciprocal tariff" policy. This caused the market to temporarily turn risk-on, and some cryptocurrency stocks, including meme coins, soared.

He announced that he would lower the tariffs on other countries to 10%, but decided to raise them from 104% to 125% on China. However, President Trump later showed a negotiating stance with China, which the market again welcomed. In particular, funds are flowing into the meme coin market, and Solana's (SOL) main meme coin "Fartcoin" is attracting attention. Fartcoin soared about 30% on Saturday...

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MAGAZINE
Iolite Vol.13

Iolite Vol.13

May 2025 issueReleased on 2025/03/28

Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.13

May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.